![]() ![]() Some of the key project functionalities in the tokenomics of the project that makes it so suitable and valuable include,Ĥ% transaction tax: Safemoon Cash is built on strong tokenomics. Safemoon Cash believes in superior tokenomics, through a 3% lower taxation, and the fact that ownership of the smart contract is fully renounced making the project more unique. By staking Safemoon Cash in a pool, it raises capital, ensuring liquidity. In contrast, Safemoon Cash gives holders passive rewards through static reflections. ![]() With its higher transaction tax, the early holders of Safemoon have profited most. ![]() Safemoon Cash was stealth-launched by members of the BSC community in April 2021 after Safemoon reached a market cap of over four billion dollars. Safemoon Cash's Use Cases Make It Valuable Why would anyone spend $50 just to send $10? That is the issue with Ethereum. Sending $10 in the form of any ERC-20 token can cost upwards of 400% of the transaction fee. Essentially, smaller transactions in comparison to larger investments are extremely difficult to send from wallet to wallet. At one point it was processing 4 times the transaction of the Ethereum network. As the Ethereum network has become costlier to use, the bull seasons native chain gained a lot of traction for the same functionalities. Binance Smart Chain has also become a success story of its own and is now being pitted against the Ethereum network as well for its smart contract and Defi support for a cheaper transaction exchange method. ![]()
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